Wednesday, August 29th, 2012...2:23 pm

David's Bridal Sold IN THE NEWS

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David’s Bridal, the 60 year old chain with 300 stores, including several on Long Island, has been sold.  The buyer is private equity firm Clayton, Dubilier & Rice, and they are reportedly paying  a staggering $1.05 billion.  Wow.  Just wow.